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fanduel casino commercial(NASDAQ:GLPI) being the other.In 2019, an investor pushed GLPI to merge with VICI. Citigroup, J.P. Following completion of the MGP transaction, VICI’s largest tenant will account for 41 percent of rental income.VICI adds the deal will be immediately accretive to acquire funds from operations (AFFO) — a metric investors use to assess the financial health of real estate companies.Field of Gaming REITs Getting SmallerAssuming the VICI/MGP marriage is consummated, there will be just two publicly traded gaming REITs in the US, with Gaming and Leisure Properties, Inc. online casino real money ohioThat deal didn’t come to fruition and it may be MGP investors that are benefiting.As VICI notes, the combined company could appeal to a broader swath of investors, and perhaps be positioned for inclusion in widely followed equity benchmarks.“The transaction unlocks significant new index eligibility for MGP Class A shareholders, while allowing investors in the combined company to benefit from index rebalancing, given the significantly larger size, and strong positioning for S&P 500 inclusion and enhanced trading liquidity,” according to the statement.Overall, the buyer adds the real estate of 15 gaming venues to its portfolio, with Las Vegas becominboomtown casino onlineg 45 percent of its rent base. Currently, properties operated by Caesars Entertainment account for 84 percent of the REIT’s rent base. riverwind casino reviews

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